Historic Stone Residence with Private Courtyard in Argyroupoli, Rethymno – Authentic Cretan Architecture & Excellent Investment Potential A rare opportunity to acquire an authentic piece of Cretan history in the heart of Argyroupoli, Rethymno, one of the most picturesque and historically significant villages in Crete. The property is located within the traditional settlement of ancient Lappa and combines authentic stone architecture, generous and functional spaces, a private enclosed courtyard and significant potential for renovation and further development. The residence is situated on a plot of approximately 461.25 sq.m. and offers approximately 229.87 sq.m. of existing built space, arranged over two levels. According to the available documentation, the original stone buildings date from before 1955, giving the property a distinctive historical and architectural character. The thick stone walls, traditional proportions, original architectural features and enclosed courtyard create the unmistakable atmosphere of an authentic old Cretan residence. Interior Layout The property is arranged over two levels and includes several independent spaces, offering considerable flexibility for future renovation and configuration. Ground Floor – approximately 149.78 sq.m. The ground floor consists of traditional stone rooms featuring strong elements of historic Cretan architecture. Three of the rooms retain their authentic character, with thick stone masonry and traditional proportions. One room is already in a more usable condition, while the remaining spaces offer excellent potential for tasteful renovation and upgrading. Within the courtyard there is also a small, separate traditional ground-floor structure of approximately 10.55 sq.m., currently used as a kitchen and shown on the existing topographical plan. Upper Floor – approximately 80.09 sq.m. The upper floor is currently the most immediately usable part of the residence. It includes: 2 rooms Spacious living area Balcony Spaces suitable for immediate residential use This allows the new owner to use the property from the beginning while gradually renovating and upgrading the remaining areas. Private Enclosed Courtyard – One of the Property's Main Features One of the most distinctive features of this property is its private enclosed courtyard. Traditional Cretan homes were often designed around protected internal courtyards, providing privacy, shade and a natural connection between indoor and outdoor living. The courtyard could be transformed into a beautiful Mediterranean outdoor space with: Landscaping and garden areas Outdoor seating Dining area BBQ Pergola Lounge area Potential for a swimming pool, subject to the necessary permissions and approvals The courtyard could become the defining feature of a distinctive private residence or boutique accommodation concept. A Property to Personalise According to Your Vision The residence would benefit from renovation and modernisation in several areas, giving the future owner the freedom to create a truly individual property while preserving its original character. The following elements could be upgraded gradually: Kitchens Bathrooms Electrical and mechanical installations Heating and cooling systems Lighting Flooring and interior finishes A sensitive renovation could beautifully combine the original stone and natural wood with modern comforts, creating a distinctive Mediterranean home while maintaining the authentic architectural identity of the property. Development & Usage Potential Due to its size, layout and number of individual spaces, the property offers considerable flexibility in terms of future use. Potential uses include: Permanent private residence Holiday home Family holiday retreat Boutique guesthouse Tourist accommodation Short-term rental investment Any specific tourism, construction or development possibilities should be confirmed by the relevant engineer and in accordance with current planning regulations and all required permits and approvals. Adjacent to an Established Hospitality Property An additional point of interest for an investor is that the property is located directly next to Arcus Suites, an established accommodation property operating in the area. The presence of an existing hospitality business immediately adjacent to the property highlights the tourism interest of this particular location and provides an interesting context for the potential development of the residence as boutique accommodation or a holiday rental property, subject to the necessary approvals. Argyroupoli – Ancient Lappa The location is an important part of the property's appeal. Argyroupoli is built on the site of ancient Lappa, an important historic settlement with a history extending back many centuries. Today, the village is particularly known for: Traditional stone architecture Rich historical and archaeological heritage Natural springs Flowing waters and waterfalls Lush green surroundings Traditional tavernas and authentic Cretan gastronomy The atmosphere of a genuine living Cretan village Unlike purely seasonal coastal resorts, Argyroupoli retains the character of an authentic Cretan village while also attracting visitors looking for traditional architecture, local gastronomy and a more authentic experience of Crete. Location & Accessibility The property offers an attractive combination of traditional village living and convenient access to the coast and the wider Rethymno region. Sea: approximately 8 km Rethymno: within comfortable driving distance Northern Crete beaches: easily accessible Traditional villages and natural attractions: within the surrounding area Property Details Location: Argyroupoli, Rethymno, Crete Historic location: Ancient Lappa Plot: approximately 461.25 sq.m. Total existing built area: approximately 229.87 sq.m. Ground floor: approximately 149.78 sq.m. Upper floor: approximately 80.09 sq.m. Levels: 2 Construction: Traditional stone Original buildings: documented as existing prior to 1955 Private courtyard: Yes Separate ground-floor structure: approximately 10.55 sq.m., currently used as a kitchen Condition: Partially usable, with significant renovation potential Upper floor: Currently usable Ground floor: One room currently usable, with additional rooms requiring renovation Electricity: Existing connection Water: Existing connection Potential use: Private residence, holiday home, boutique guesthouse or tourist accommodation, subject to the required approvals NOVESTA CRETE REAL ESTATE • INVESTMENTS • CONSTRUCTION 📞 +30 694 731 2713 ☎️ +30 2825 181231 📧 info@novesta-crete.com 🌐 www.novesta-crete.com NOVESTA CRETE – Real Estate • Investments • Construction